Tag Archives: where borrowers

The Boom In Cash-In Refinancing

Perhaps you have heard of cash-out refinancing where borrowers take cash and equity out of their homes. Due to historically low interest rates, there is now a boom in cash-in refinancing where borrowers bring cash to their refinance deals to … Continue reading

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New Yorkers Grapple With Housing Bill

Bob Tedeschi writes: The conforming limit, more commonly known as the “jumbo” limit, is the threshold above which Fannie Mae and Freddie Mac cannot buy loans from lenders. When borrowers meet certain qualifications, like minimum down payments and credit scores, … Continue reading

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Aussies Under Mortgage Stress

MORTGAGE stress is on the rise, but two-thirds of households are coping easily with their increased home loan payments by adjusting their lifestyles, a survey has found. The latest Mortgage and Finance Association of Australia (MFAA)/BankWest Home Finance Index also … Continue reading

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9 Big Ohio Lenders Want To Slow Foreclosures

The AP reports that lenders who hold a majority of Ohio’s home loans reached an agreement with Gov. Ted Strickland to help people keep their homes. This came after many weeks of negotiation. The first proposal from the governor last … Continue reading

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Santa Cruz Devastated By Real Estate Plunges

Local reporter Jondi Gomz writes: This year, 380 notices of default have been posted for Santa Cruz County property owners behind on their mortgage payments. That’s double the number at this time in 2007 and more than was issued in … Continue reading

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